The election result remained too close to call as counting of votes resumed Tuesday morning.

The PM said he had "every confidence" his conservative coalition would be able to form a majority government.

Australia faces the prospect of a "hung parliament" after neither of the two main parties reached the 76-seat quota required to form a government.

According to the Australian Electoral Commission (AEC), the vote tallies show that in the contest for the 150 lower house seats, the ruling conservative coalition has won 67 seats and the centre-left Labor Party has won 71 seats.